Archer Unveils Military eVTOL Craft With Anduril, Stock Jumps 18%

Archer Aviation has unveiled a military-focused eVTOL aircraft developed in partnership with defence technology company Anduril, sending its stock up 18%. The company is simultaneously racing to obtain FAA certification for its commercial air taxi operations. The announcement highlights growing interest in electric vertical take-off and landing craft for both civilian and military use.